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Castle Rock real estate market overview
- Average Monthly Rent: $1,945
- Home Price/Value Percentage Change: -1.70%
- Median Home Value: $669,907
- Best Time To Sell a Home: August
- Affordability Index: Low
- Days To Sell a House: 42
- Job Market: Fair
- Public School Ranking: 24
Location and weather
Castle Rock is in central Colorado, 28 miles south of Denver and 40 miles from Colorado Springs. The city is east of the Rampart Range of the Rocky Mountains on the western edge of the Great Plains. The butte that is the town's namesake, Castle Rock, sits north of the town center. Other geological points of interest visible from Castle Rock include Dawson Butte, Devils Head, Mount Evans and the famous Pikes Peak.
In Castle Rock the summers are warm, and the winters are cold and dry. The high summer temperatures are in the low 80's with low's in the high 50's. The winter high temperatures are in the 40's with lows below 20 degrees.
Population, job market and cost of living
Castle Rock's population at this moment is 80,637 with a growth rate of 3.19%.
The job growth has decreased by -4.91% over last year. Ten-year future predicted job growth is 50.12%. The major industries are Retail Trade, Professional, Scientific & Technical Services, and Health Care & Social Assistance. The largest employers are SRP Companies, Relevant Solutions Inc, World Compass Academy, Castle Pines Golf Club and Robinson & Henry.
With a location close to Denver and Colorado Springs, many outdoor attractions, suburban lifestyle, good job growth, well-educated job force and diverse industries, Castle Rock will continue to attract those that want to work and play in this scenic Colorado city.
Castle Rock real estate market details
- The Meadows
- Founders Village
- Red Hawk
- Crystal Valley Ranch
- Castle Pines North
The average monthly rent in Castle Rock is $1,945 for an average apartment size of 991 sq. feet.
There has been a -1.7% decrease in median home value over the last year. As of 2023, the median home value is $669,907.
On average, homes in Castle Rock sell after 16 days on the market.
The best time to sell a home for the highest valued sale is during August. For the quickest sale, homeowners should sell in June.
The affordability index in Castle Rock is 138. This number indicates low affordability in this city.
The top ranked public schools are Timber Trail Elementary School, Buffalo Ridge Elementary School, American Academy, Dougla County High School and Castle View High School. This information is based on data measuring academic performance and equity.